Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Monthly Archives: March 2012
True sustainability solutions
We live in a world with very limited solutions to our sustainability problems. I often hear the view, “If we would just get off fossil fuels, then our society would be sustainable.” Or, “If the price of oil would just … Continue reading
Posted in Planning for the Future
Tagged natural gas, fossil fuels, sustainability, CO2 emissions, solar PV, wind turbines, petroleum, ecology, CO2
119 Comments
Why US natural gas prices are so low – Are changes needed?
US natural gas prices are at record lows–about where they were in 1976, and at the low points in the 1990s, in today’s dollars (Figure 1). There are several reasons why US natural gas prices are so low: Our pricing … Continue reading
World Energy Consumption Since 1820 in Charts
Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last 200 years. This rise in energy consumption is primarily from increased fossil fuel use. With energy consumption rising as rapidly as shown … Continue reading
Why High Oil Prices Are Now Affecting Europe More Than the US
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all. The issues then become: Which buyers get the oil? What uses get priced out of the market? … Continue reading
Posted in Financial Implications
Tagged Brent, debt defaults, diesel, Europe, Eurozone, fossil fuel, gasoline, imported oil, natural gas, oil, oil prices, peak oil, petroleum, recession, West Texas Intermediate, WTI
75 Comments
